Let me mention just one example example of concentration of ownership. Today, nobody talks about it. Today you got three Wall street firms. BlackRock, Vanguard and State Street. You ever hear of these companies combined? Combined, these three investment firms [BlackRock, Vanguard, and State Street] are the majority stockholders in 95% of American corporations. And these guys, I want to tell you something because I bump into them in my line of work. They are not nice guys. I know on tv they come across in your community. (54:51–55:03)
CLAIM
Asserts that BlackRock, Vanguard, and State Street are majority stockholders in 95% of U.S. corporations.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
